Financial ratios: Profitability. The financial statements for Tyler Toys, Inc. are shown in the popup window: 2. Calculate the profit margin, return on assets, and return on equity for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the profit margin for 2014? 1% (Round to two decimal places.) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,856 $ 13,566,015 $ -8,447,622 $ -8,131,241 Cost of goods sold Selling, general, and administrative expenses $ -998,618 $ -981,326 Depreciation $ -1,498,535 $ -1,471,862 EBIT $ 3,202,081 $ 2,981,586 Interest expense $ -376,488 $ -355,612 Taxes $ -1,073,725 $ -997,870 Net income $ 1,751,868 $ 1,628,104 Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its Ontents into a spreadsheet. contents into a spreadsheet. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES ASSETS 2014 2013 Current assets Current liabilities Cash $ 190,804 $ 186,161 Accounts payable 1,546,905 $ 1,456,975 Investments $ 181,817 $ 120,874 Short-term debt 312,687 $ 332,299 Accounts receivable 667,012 $ 631,012 Total current liabilities $ 1,859,592 $ 1,789,274 Inventory 588,672 $ 564,300 Long-term liabilities Total current assets $ 1,628,305 $ 1,502,347 Debt 7,285,598 $ 6,604,897 Long-term assets Other liabilities 1,462,638 $ 1,346,442 Investments $ 3,053,162 $ 2,827,023 Total liabilities $ 10,607,828 $ 9,740,613 Plant, property, and equipment 8,496,008 $ 8,480,490 OWNERS' EQUITY Goodwill $ 347,902 $ 346,800 Common stock $ 1,457,733 $ 1,453,822 Intangible assets 1,157,893 $ 956,852 Retained earnings $ 2,617,709 $ 2,919,077 Total owners' equity 4,075,442 $ 4,372,899 TOTAL LIABILITIES TOTAL ASSETS $ 14,683,270 $ 14,113,512 AND OWNERS' EQUITY 14,683,270 $ 14,113,512 Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy order to paste its contents into a spreadsheet